summary
Introduced
01/08/2025
01/08/2025
In Committee
05/15/2025
05/15/2025
Crossed Over
04/14/2025
04/14/2025
Passed
Dead
05/16/2025
05/16/2025
Introduced Session
Potential new amendment
2025 Regular Session
Bill Summary
Authorizes a property tax exemption for disabled veterans
AI Summary
This joint resolution proposes a constitutional amendment to expand property tax exemptions for disabled veterans in Missouri. The resolution defines a "disabled veteran" as a state resident who has been honorably discharged from military service (including armed forces, reserves, National Guard, or state defense forces) and has been certified by the U.S. Department of Veterans Affairs as having a 100% service-connected disability rating. The proposed amendment would exempt real property used as a homestead by disabled veterans or their surviving spouses from taxation, with the exemption continuing for the surviving spouse as long as they maintain and occupy the same property. If the surviving spouse sells the home or relocates, the tax exemption would expire. The resolution also outlines a mechanism for counties to replace lost tax revenues by imposing a countywide tax on certain property classes, with provisions for potential tax rate adjustments through voter approval. The amendment would be submitted to Missouri voters at the next general election in November 2026 or at a special election called by the governor.
Committee Categories
Budget and Finance, Government Affairs, Military Affairs and Security
Sponsors (3)
Last Action
Reported Do Pass H Rules - Legislative (on 05/15/2025)
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